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is not growing and getting a little weaker with the higher taxes, but, you know, and i also like netflix. i like amazon. i like sales force. i like companies that they actually are creating demand because they're new leading edge products. yes they have a very high p-e. so does sales force. so does amazon. but they're generate, they at tracking new revenues from new businesses that didn't exist before. netflix is a great example. david: one. hits against apple right now, which you are recommending. and this is to michael. they haven't come out with a new product line. they have been sort of revising some old models. does that concern you? are you still for apple even though the new products don't seem to be anywhere to be seen? >> i would agree with you, in the past couple quarters we haven't seen anything compelling coming out. but i think that is going to change. i think we heard a lot about an i-watch. i think we heard about itv. we heard about a new ipad coming out. we'll get something not a complete makeover but a new iphone. i believe the product seitel will -- cycle will get much better n
have a worry about the consumer and tax refunds will start coming now. credit conditions support employment and certainly consumer staples look very expensive. >> what about utilities up 19% so far this year? utilities are up 16% and health care up 19%. is your money safe in there? will they continue to hold up? >> we've been overweight utilities so i'm not going to be too uncomfortable with that and that's improvement with natural gas prices and in health care it's been very much about dividends and that we saw reimbursement rates that were supposed to be cut recallier this year, and i think it's too late to be on the healthcare bandwagon. >> sectors like materials which have not been with the rally and do you think some of the underperforming sectors will catch up? >> we are worried about materials still and we have to be careful in the u.s., chemicals are 20% metals and mining and look at the s&p 500 materials sector. europe is a big problem for chemical companies and even though they have shale gas as a feed stock, the problem is 20%, 25% of their business is probably going t
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business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com none of us think bad things are gonna happen to us. i'm here at my house on thanksgiving day, and i have a massive heart attack right in my driveway. an artery in your heart, it's called the widow maker. and mine was 95% blocked. they took me to the hospital, and the doctor put me on a bayer aspirin regimen. [ male announcer ] aspirin is not appropriate for everyone, so be sure to talk to your doctor before you begin an aspirin regimen. i'm a blue-collar worker. to me, bayer aspirin is another tool. go talk to your doctor. you're not indestructible anymore. ♪ you're not indestructible anymore. oh, hi thehey!ill. are you in town for another meeting? yup, i brought my a-team. business trips add up to famil
and tax increases on the wealthy. >> this fight is playing out in court as well. the nation's airline association is suing the f.a.a. to halt these furloughs claiming that the administration has the authority to cut elsewhere. bret? >> bret: rich edson at washington's international airport. rich, thanks. wall street is trying to recover from its worst week of the year. the dow gained 20. the s&p 500 was up 7. the nasdaq finished up 27.50. >> we're not so sure about obama phone, however. whether he likes it or not, and even though he didn't create it, chief news correspondent the president is linked to another popular give away program. >> what started out as an effort ronald reagan help people in poor areas have a phone in rural areas has mush roomed in what rit particulars suspect is a new welfare program. >> the cost has gone from $143 million a few years ago to $2.2 billion today. a 15 times increase. >> the cost of the program left after cell phones were added in 2008. only low income people on welfare legally qualify but lawmakers say the program is out of control. >> i got a sol
-growth tax reform, entitlement reform in a way that preserves and protects medicare and social security. we need to get this done for the american people. if we do it, it means not only getting our spending under control, we will see economic growth. we will see job creation and economic growth. >> now he offered -- he showed a little bit of leg putting in his budget this issue of changing the way social security benefits are calculated and he immediately got slapped down by the head of the republican campaign committee in the house. was that productive? >> look. we've been talking about getting a process to get to a solution and it's got to be bipartisan. he he made a step in the right direction when he talked about starting to address entitlement reform and that's the problem. you've got to find a way where we can come together on a bipartisan basis and do it. his budget still had too much spending and again raising taxes, but at least he opened the door a little bit. we've got to find a way to come together and get this done. >> how do you get members of your own party not to criticize h
Search Results 0 to 5 of about 6